Volume Monitor
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BONK CVD: spot vs perp net buying

BONK cumulative volume delta (CVD): taker buys minus taker sells, in US dollars. The table shows BONK's net taker flow over the last 1, 4 and 24 hours on each exchange, spot and perpetual futures apart, and the chart shows spot and perp CVD over time.

Over the last 4 hours, BONK spot was net bought (+$68K) and perps were net bought (+$201K): takers are buying on both markets. Over 1h the read is perps selling and 24h the read is selling on both. The largest 24h net flow came from Hyperliquid perp (-$1.7M). BONK ranks #69 of 100 on the CVD screener by 24h volume ($20.7M across spot and perps).

#69 of 100 by 24h volumeTaker split from Binance, Bybit, HyperliquidWindows: 1h, 4h, 24hAs of 21:41 UTC

Verdict 1h
Perps selling
Over the last 1 hour, BONK spot was roughly balanced (-$374) and perps were net sold (-$148K): only perps show a clear imbalance, to the sell side.
Verdict 4h
Buying on both
Over the last 4 hours, BONK spot was net bought (+$68K) and perps were net bought (+$201K): takers are buying on both markets.
Verdict 24h
Selling on both
Over the last 24 hours, BONK spot was net sold (-$45K) and perps were net sold (-$843K): takers are selling on both markets.

BONK net taker flow by exchange · spot vs perp

taker buys minus taker sells, USD
Exchange Market Net 1h Net 4h Net 24h Buy % 24h Vol 24h
Binance Spot -$2,593 +$70K -$49K 48.4% $1.55M
Bybit Spot +$2,219 -$2,077 +$4,675 50.7% $357K
Binance Perp -$69K +$415K +$1.07M 54.3% $12.46M
Bybit Perp +$48K +$161K -$266K 46.3% $3.62M
Hyperliquid Perp -$128K -$375K -$1.65M 19.9% $2.74M
All exchanges Spot -$374 +$68K -$45K 48.8% $1.91M
All exchanges Perp -$148K +$201K -$843K 47.8% $18.83M

BONK CVD and taker flow

Spot vs perp, from range start · bars: net taker buys

Chart: TradingView Lightweight Charts™

How to read it. Net taker flow is taker buys minus taker sells in US dollars: the change in BONK's CVD over the window. A side counts as buying or selling when its net flow is at least 2% of its volume and $10K; Spot buying, perps selling and Perps buying, spot selling are the divergences. Price, funding and open interest are on the BONK page. Refreshed every minute. Not financial advice.

Taker split from Binance, Bybit, Hyperliquid (1-minute bars recorded from their public feeds). Stablecoins and HIP-3 stock perps are left out.

Bybit caveat. Bybit's taker split is rebuilt from its public trade stream. A Bybit minute without a split (the first minute after a reconnect, or one the stream missed) counts as neutral in the 5-minute and hourly rollups these figures and the chart's longer ranges use; minutes recorded before that fix count as selling, so Bybit's older CVD can lean slightly negative.

BONK CVD FAQ

What does {} CVD show?

Cumulative volume delta adds up taker buys minus taker sells. The figures here are the change in BONK CVD over the last 1, 4 and 24 hours (the net taker flow) on each exchange, split into spot and perpetual futures. The chart shows spot and perp CVD from the start of the chosen range, with net taker flow as bars below.

How is the verdict decided?

Each side (spot or perps) counts as buying or selling when its net flow over the window is at least 2% of the volume that carries a taker split and at least $10K; smaller imbalances count as balanced. The verdict is the 4-hour read, the same rule as the CVD screener. It describes what takers did, not what price will do next. Not financial advice.